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Executive Summary

Building 90% leased but flexible for owner to carve an area to operate their business and lease out rest of building for investment income. "1120 SF Area owner Can Occupy" is based on current leases. Leasable building area is 4598 sq ft. Four separate areas of building are leasable comprised of two ground floor spaces (1116 sq ft and 1120 sq ft) and two upstairs (1862 sq ft and 500 sq ft). Building has been completely renovated with new air handlers/compressors, newer carpeting, New Furnace & piping, New roof: Mule Hide EPDM roof (the best in the industry) and LED Lighting throughout the building. Turnkey situation with no capital improvements required!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,755 SF
Building Class
B
Year Built
1952
Price
$2,975,000
Price Per SF
$625.66
Cap Rate
4.53%
NOI
$134,891
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,376 SF
Building FAR
0.73
Lot Size
0.15 AC
Zoning
700
Parking
9 Spaces (1.89 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Audit Serve Inc
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Audit Serve Inc Professional, Scientific, and Technical Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 40
  • 86 SF
  • Office
  • Full Build-Out
  • Now

86 sq ft office $510- 500 sq ft common space/conf area & separate kitchen Gorgeous in-town Office Building next to train Station and across the street from Walgreens. Parking available for lease or free space across the street at Richmond Hill Parking lot with signed office lease. Operated by Owner - Mitch- mitch@newcanaanofficesforlease.com or Levinemh@auditserve.com www.newcanaanofficesforlease.com The best social distancing office building set-up in all of New Canaan. We have been operating using this approach for the last 20 years. No retail, No medical, limited customer traffic

Space Size Space Use Condition Available
1st Fl-Ste 40 86 SF Office Full Build-Out Now

1st Fl-Ste 40

Size
86 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 40

Size 86 SF
Space Use Office
Condition Full Build-Out
Available Now

86 sq ft office $510- 500 sq ft common space/conf area & separate kitchen Gorgeous in-town Office Building next to train Station and across the street from Walgreens. Parking available for lease or free space across the street at Richmond Hill Parking lot with signed office lease. Operated by Owner - Mitch- mitch@newcanaanofficesforlease.com or Levinemh@auditserve.com www.newcanaanofficesforlease.com The best social distancing office building set-up in all of New Canaan. We have been operating using this approach for the last 20 years. No retail, No medical, limited customer traffic

Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
NCAN-000000-L000017-000932
Land Assessment
$672,000
Improvements Assessment
$498,890
Total Assessment
$1,170,890
  • Listing ID: 39748272

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 27 Pine St, New Canaan, CT 06840

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